Cloudpoint Technology Bhd (XKLS:0277) Beneish M-Score: -2.74 (As of Jun. 26, 2026)


XKLS:0277 Cloudpoint Technology Bhd XKLS:0277
63 GF Score
Price RM0.43
GF Value RM0.92
Valuation Significantly Undervalued
! 4 Warning Signs
View Full Analysis

What is Cloudpoint Technology Bhd Beneish M-Score?

Cloudpoint Technology Bhd XKLS:0277 63 Beneish M-Score is -2.74 as of Jun. 26, 2026. GuruFocus rates XKLS:0277 with a GF Score™ of 63/100 and a GF Value™ of RM0.92 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 2,634 Software companies, Cloudpoint Technology Bhd ranks better than 64.16% on this metric.

The zones of discrimination for M-Score is as such:

An M-Score of equal or less than -1.78 suggests that the company is unlikely to be a manipulator.
An M-Score of greater than -1.78 signals that the company is likely to be a manipulator.

Good Sign:

Beneish M-Score -2.74 no higher than -1.78, which implies that the company is unlikely to be a manipulator.

The historical rank and industry rank for Cloudpoint Technology Bhd's Beneish M-Score or its related term are showing as below:

XKLS:0277' s Beneish M-Score Range Over the Past 10 Years
Min: -2.74   Med: -0.97   Max: 1.31
Current: -2.74

During the past 7 years, the highest Beneish M-Score of Cloudpoint Technology Bhd was 1.31. The lowest was -2.74. And the median was -0.97.


Cloudpoint Technology Bhd Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Cloudpoint Technology Bhd's Beneish M-Score can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Cloudpoint Technology Bhd Beneish M-Score Chart

Cloudpoint Technology Bhd Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Beneish M-Score
Get a 7-Day Free Trial 0.00 0.00 -2.06 0.39 -2.15

Cloudpoint Technology Bhd Quarterly Data
Dec19 Dec20 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Beneish M-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.31 0.21 0.75 -2.15 -2.74

XKLS:0277 vs IBM, ACN, FISV: Beneish M-Score Comparison

For the Information Technology Services subindustry, Cloudpoint Technology Bhd's Beneish M-Score, along with its competitors' market caps and Beneish M-Score data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Cloudpoint Technology Bhd Beneish M-Score vs Software Industry

For the Software industry and Technology sector, Cloudpoint Technology Bhd's Beneish M-Score distribution charts can be found below:

* The bar in red indicates where Cloudpoint Technology Bhd's Beneish M-Score falls into.


XKLS:0277
63GF Score
Cloudpoint Technology Bhd XKLS:0277
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cloudpoint Technology Bhd Beneish M-Score Calculation

The M-score was created by Professor Messod Beneish. Instead of measuring the bankruptcy risk (Altman Z-Score) or business trend (Piotroski F-Score), M-score can be used to detect the risk of earnings manipulation. This is the original research paper on M-score.

The M-Score Variables:

The M-score of Cloudpoint Technology Bhd for today is based on a combination of the following eight different indices:

M=-4.84+0.92 * DSRI+0.528 * GMI+0.404 * AQI+0.892 * SGI+0.115 * DEPI
=-4.84+0.92 * 0.6363+0.528 * 1.1018+0.404 * 1.2676+0.892 * 1.255+0.115 * 0.7548
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 1.2178+4.679 * -0.064023-0.327 * 0.8584
=-2.74

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

This Year (Mar26) TTM:Last Year (Mar25) TTM:
Total Receivables was RM60.6 Mil.
Revenue was 34.833 + 58.03 + 44.692 + 45.59 = RM183.1 Mil.
Gross Profit was 7.25 + 16.565 + 11.153 + 13.052 = RM48.0 Mil.
Total Current Assets was RM125.7 Mil.
Total Assets was RM157.5 Mil.
Property, Plant and Equipment(Net PPE) was RM11.4 Mil.
Depreciation, Depletion and Amortization(DDA) was RM2.3 Mil.
Selling, General, & Admin. Expense(SGA) was RM21.3 Mil.
Total Current Liabilities was RM60.6 Mil.
Long-Term Debt & Capital Lease Obligation was RM0.8 Mil.
Net Income was 1.974 + 7.022 + 4.483 + 5.505 = RM19.0 Mil.
Non Operating Income was 0 + 0 + 0 + 0 = RM0.0 Mil.
Cash Flow from Operations was 11.677 + 6.903 + 0.219 + 10.271 = RM29.1 Mil.
Total Receivables was RM75.9 Mil.
Revenue was 35.591 + 52.303 + 26.422 + 31.614 = RM145.9 Mil.
Gross Profit was 11.451 + 14.837 + 7.049 + 8.822 = RM42.2 Mil.
Total Current Assets was RM129.2 Mil.
Total Assets was RM157.5 Mil.
Property, Plant and Equipment(Net PPE) was RM12.2 Mil.
Depreciation, Depletion and Amortization(DDA) was RM1.8 Mil.
Selling, General, & Admin. Expense(SGA) was RM13.9 Mil.
Total Current Liabilities was RM70.3 Mil.
Long-Term Debt & Capital Lease Obligation was RM1.2 Mil.




1. DSRI = Days Sales in Receivables Index

Measured as the ratio of Revenue in Total Receivables in year t to year t-1.

A large increase in DSR could be indicative of revenue inflation.

DSRI=(Receivables_t / Revenue_t) / (Receivables_t-1 / Revenue_t-1)
=(60.598 / 183.145) / (75.888 / 145.93)
=0.330874 / 0.52003
=0.6363

2. GMI = Gross Margin Index

Measured as the ratio of gross margin in year t-1 to gross margin in year t.

Gross margin has deteriorated when this index is above 1. A firm with poorer prospects is more likely to manipulate earnings.

GMI=GrossMargin_t-1 / GrossMargin_t
=(GrossProfit_t-1 / Revenue_t-1) / (GrossProfit_t / Revenue_t)
=(42.159 / 145.93) / (48.02 / 183.145)
=0.288899 / 0.262197
=1.1018

3. AQI = Asset Quality Index

AQI is the ratio of asset quality in year t to year t-1.

Asset quality is measured as the ratio of non-current assets other than Property, Plant and Equipment to Total Assets.

AQI=(1 - (CurrentAssets_t + PPE_t) / TotalAssets_t) / (1 - (CurrentAssets_t-1 + PPE_t-1) / TotalAssets_t-1)
=(1 - (125.662 + 11.449) / 157.538) / (1 - (129.182 + 12.244) / 157.541)
=0.129664 / 0.102291
=1.2676

4. SGI = Sales Growth Index

Ratio of Revenue in year t to sales in year t-1.

Sales growth is not itself a measure of manipulation. However, growth companies are likely to find themselves under pressure to manipulate in order to keep up appearances.

SGI=Sales_t / Sales_t-1
=Revenue_t / Revenue_t-1
=183.145 / 145.93
=1.255

5. DEPI = Depreciation Index

Measured as the ratio of the rate of Depreciation, Depletion and Amortization in year t-1 to the corresponding rate in year t.

DEPI greater than 1 indicates that assets are being depreciated at a slower rate. This suggests that the firm might be revising useful asset life assumptions upwards, or adopting a new method that is income friendly.

DEPI=(Depreciation_t-1 / (Depreciaton_t-1 + PPE_t-1)) / (Depreciation_t / (Depreciaton_t + PPE_t))
=(1.76 / (1.76 + 12.244)) / (2.287 / (2.287 + 11.449))
=0.125678 / 0.166497
=0.7548

Note: If the Depreciation, Depletion and Amortization data is not available, we assume that the depreciation rate is constant and set the Depreciation Index to 1.

6. SGAI = Sales, General and Administrative expenses Index

The ratio of Selling, General, & Admin. Expense(SGA) to Sales in year t relative to year t-1.

SGA expenses index > 1 means that the company is becoming less efficient in generate sales.

SGAI=(SGA_t / Sales_t) / (SGA_t-1 /Sales_t-1)
=(21.315 / 183.145) / (13.946 / 145.93)
=0.116383 / 0.095566
=1.2178

7. LVGI = Leverage Index

The ratio of total debt to Total Assets in year t relative to yeat t-1.

An LVGI > 1 indicates an increase in leverage

LVGI=((LTD_t + CurrentLiabilities_t) / TotalAssets_t) / ((LTD_t-1 + CurrentLiabilities_t-1) / TotalAssets_t-1)
=((0.79 + 60.59) / 157.538) / ((1.183 + 70.321) / 157.541)
=0.38962 / 0.453875
=0.8584

8. TATA = Total Accruals to Total Assets

Total accruals calculated as the change in working capital accounts other than cash less depreciation.

TATA=(IncomefromContinuingOperations_t - CashFlowsfromOperations_t) / TotalAssets_t
=(NetIncome_t - NonOperatingIncome_t - CashFlowsfromOperations_t) / TotalAssets_t
=(18.984 - 0 - 29.07) / 157.538
=-0.064023

An M-Score of equal or less than -1.78 suggests that the company is unlikely to be a manipulator. An M-Score of greater than -1.78 signals that the company is likely to be a manipulator.

Cloudpoint Technology Bhd has a M-score of -2.74 suggests that the company is unlikely to be a manipulator.

Frequently Asked Questions Learn more about Beneish M-Score →
What does a Beneish M-Score of -2.74 mean?
Cloudpoint Technology Bhd (XKLS:0277) has a Beneish M-Score of -2.74 as of Jun. 26, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Cloudpoint Technology Bhd and its competitors. According to the industry distribution chart, Cloudpoint Technology Bhd ranks #944 out of 2634 companies in the Software industry, placing it in the top 35.8%.
Is Cloudpoint Technology Bhd's Beneish M-Score too high?
Cloudpoint Technology Bhd's current Beneish M-Score is -2.74. Based on the distribution chart, Cloudpoint Technology Bhd ranks #944 out of 2634 companies in the Software industry, which is above the industry midpoint. Overall, Cloudpoint Technology Bhd has a GF Score™ of 63/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Cloudpoint Technology Bhd's Beneish M-Score compare to IBM and ACN?
According to the Software industry distribution chart, Cloudpoint Technology Bhd ranks #944 out of 2634 companies for Beneish M-Score. This puts Cloudpoint Technology Bhd in the upper half of its industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Beneish M-Score for a Software company?
A good Beneish M-Score depends on the Software industry context. However, Beneish M-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Beneish M-Score mean?
A high Beneish M-Score can signal that a stock is expensive relative to its fundamentals. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Cloudpoint Technology Bhd and its competitors. Cloudpoint Technology Bhd's current Beneish M-Score is -2.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cloudpoint Technology Bhd stock overvalued right now?
Based on GuruFocus' analysis, Cloudpoint Technology Bhd (XKLS:0277) is currently considered Significantly Undervalued. The stock's GF Value™ is RM0.92, compared to a current price of RM0.43 — trading 53.3% below its estimated fair value. The current Beneish M-Score is -2.74. Cloudpoint Technology Bhd's overall GF Score™ is 63/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Beneish M-Score calculated?
Beneish M-Score is calculated from a company's financial statements. For Cloudpoint Technology Bhd (XKLS:0277), the current Beneish M-Score is -2.74 as of Jun. 26, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Cloudpoint Technology Bhd (XKLS:0277) Overvalued in 2026?

Based on GuruFocus' analysis, Cloudpoint Technology Bhd stock appears to be undervalued. The current stock price of RM0.43 is trading 53.3% below its estimated GF Value™ of RM0.92. GuruFocus considers Cloudpoint Technology Bhd to be Significantly Undervalued.

Key valuation signals for XKLS:0277:

  • Beneish M-Score: -2.74
  • GF Value™: RM0.92 vs. price of RM0.43 (53.3% below fair value)
  • GF Score™: 63/100 with 4 warning signs

No single metric tells the full story. See the XKLS:0277 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Cloudpoint Technology Bhd Business Description

Address No. 2, Jalan Solaris, Unit J-6-13, Block J, Solaris Mont Kiara, Mont Kiara, Wilayah Persekutuan, Kuala Lumpur, SGR, MYS, 50480
Cloudpoint Technology Bhd is principally an investment holding company. Through its subsidiary, CSSB, it is principally engaged in the provision of IT solutions comprising enterprise and data centre networking, cybersecurity solutions, professional IT services, as well as cloud services and software applications. The company implements solutions and provides its services mainly to large enterprises, particularly companies in the financial services, insurance, telecommunications industries, and other technology service providers in Malaysia. It also provides solutions to multinational companies to cater to their operations based in Malaysia.
63GF Score

Get the complete analysis for XKLS:0277

Beneish M-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

RM0.43
Price
RM0.92
GF Value